Foster L B vs Miller Industries
Miller Industries is the larger business, with $790m of revenue in fiscal 2025 against $540m for Foster L B (1.5 times as much). Foster L B grew faster (1.7% against -37.2%). Miller Industries kept more of each dollar of sales as profit: a net margin of 2.9% against 1.4%. Miller Industries carries less debt relative to equity (7.9% against 24.4%).
| Latest fiscal year | Foster L BFSTR, 2025 | Miller IndustriesMLR, 2025 |
|---|---|---|
| Revenue | $540m | $790m |
| Revenue growth | 1.7% | -37.2% |
| Net income | $7.5m | $23.0m |
| Operating margin | 4.1% | — |
| Net margin | 1.4% | 2.9% |
| Return on equity | 4.3% | 5.6% |
| Free cash flow | $25.2m | $85.0m |
| Cash | $4.3m | $44.7m |
| Total debt | $42.8m | $33.3m |
| Debt to equity | 24.4% | 7.9% |
| Dividend per share | — | $0.80 |
| Dividend yield | — | 1.6% |
| Share buybacks | $16.5m | $6.0m |
| Employees | 1,191 | 1,535 |
| Market value | $383m | $596m |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 34 (Weak) | 48 (Moderate) |
| Insider trades, 12 months | 0 buys, 26 sales | 0 buys, 0 sales |